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An outlook on Pearlescent Pigments Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.<br><br>
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Pearlescent Pigments Market trends research and projections for 2017 – 2024
Global Market Scenario of Pearlescent Pigments Industry • Pearlescent Pigments Market size has registered a decent growth in recent years and is expected to surge at moderate CAGR in the forecast period. Key factors driving the market are applications in paints, polymers and cosmetic industries. Stringent government regulations on usage of low VOC emitting products will propel product’s demand. • Pearlescent pigments are manufactured by covering the laminar substrate with metal oxide using natural and synthetic methods. Natural method uses natural mica as substrate material, whereas synthetic method deploys alumina, synthetic mica and silica as substrate material. Natural pearlescent pigments hold a significant market share and is likely to maintain its position over the forecast years. • On the basis of the product pearlescent pigments market can be segmented into titanium coated mica, natural pearls, ferric oxide coated mica and combination mica. Other chemical coated products are basic lead carbonate and bismuth oxychloride. Titanium dioxide coated with mica is the prominent product segment with substantial share in terms of volume.
Continue… • Multiple applications of pearlescent pigments market can be divided into automotive paints, decorative paints in toys & textiles and plastics. Automotive paints application contributes majorly in terms of value owing to inclined consumer preference for high value coatings and high lustre paints on luxury and sports cars. • Reasons to Buy This Report: • 1. Pearlescent Pigments Market size & share forecast by product & application, 2017-2024 • 2. Growth drivers, pitfalls & industry challenges • 3. Key Pearlescent Pigments Market growth opportunities & emerging business models • 4. Competitive benchmarking with market share analysis and company profiles • Multiple applications of pearlescent pigments market can be divided into automotive paints, decorative paints in toys & textiles and plastics. Automotive paints application contributes majorly in terms of value owing to inclined consumer preference for high value coatings and high lustre paints on luxury and sports cars. These applications are pertaining to varied end-use industries such as paints & coatings, cosmetics, and construction. Paints & coatings contributes major chunk in terms of volume. Upsurge in demand for these products in food packaging, plastic and cosmetic products is likely to drive pearlescent pigments market in near future. • Europe, led by Germany and Italy are leading pearlescent pigments market owing to well-established automotive sector. Improving economic conditions in the region is likely to foster the product market.
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